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Author Question: Refer to Scenario 7.2 below to answer the question(s) that follow. SCENARIO 7.2: You are the owner ... (Read 253 times)

B

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Reply #10 on: Apr 19, 2019
Excellent
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Edwyer

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Reply #11 on: Apr 19, 2019
Great! Please up vote :D


rl

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Reply #12 on: Apr 19, 2019

Refer to Scenario 7.2 below to answer the question(s) that follow. 

SCENARIO 7.2: You are the owner and only employee of a company that sets odds for sporting events. Last year you earned a total revenue of $100,000. Your costs for rent and supplies were $50,000. To start this business you invested an amount of your own capital that could pay you a return of $20,000 a year. 





Refer to Scenario 7.2. Your economic profit last year was


◦ -$40,000.
◦ -$10,000.
◦ $10,000.
◦ $30,000.


Ptupou85

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Reply #13 on: Apr 19, 2019
$30,000.


joblessjake

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Reply #14 on: Apr 19, 2019

Refer to Scenario 7.2 below to answer the question(s) that follow. 

SCENARIO 7.2: You are the owner and only employee of a company that sets odds for sporting events. Last year you earned a total revenue of $100,000. Your costs for rent and supplies were $50,000. To start this business you invested an amount of your own capital that could pay you a return of $20,000 a year. 





Refer to Scenario 7.2. Your economic profit last year was


◦ -$40,000.
◦ -$10,000.
◦ $10,000.
◦ $30,000.


amanda_14

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Reply #15 on: Apr 19, 2019
$30,000.


joblessjake

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Reply #16 on: Apr 19, 2019
TY


amanda_14

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Reply #17 on: Apr 19, 2019
You're welcome


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